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Apartment in Riviera del Sol, 2 bedrooms, 77 m² €320.000

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Bedrooms

Bathrooms

77 m²

Surface area

€

€4156

Price per m²

Apartment

Property type

Apartment in Riviera del Sol, 2 bedrooms, 77 m² - Afbeelding 1

Apartment in Riviera del Sol, 2 bedrooms, 77 m² - Afbeelding 2

Apartment in Riviera del Sol, 2 bedrooms, 77 m² - Afbeelding 3

+19 photos

Analysis

Price

€320.000

Own investment (30%)

30% down payment of purchase price

€96.000

Buyer costs

Buyer costs: 10% of purchase price

€32.000

Estimated nightly rate

€101,75

Expected occupancy rate

68%

Gross rental p/m

€0000 Sign in to view

Mortgage costs

This is the monthly interest you pay for the mortgage(3.2%interest)

-€597,33

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€64,17

Cleaning costs

Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€315,68

Municipal taxes

Municipal taxes for Riviera del Sol

-€80,50

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€143,48

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

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Nightly Rates

Estimated nightly rate

€101,75

High season

€136

Mid season

€99,17

Low season

€81

Price determining factors

Proximity to beaches, golf, and amenities increases desirability.
High rental license value adds investment appeal.
Community facilities like pools and gardens enhance attractiveness.

Comparable accommodations

Rate	Hotel / apartment	Distance
€133,60	An impressive beach house	1.9 km
€203	Casa Flores - Panoramic views, pool, tennis, BBQ	12.2 km
€132,40	Spectacular house on Carvajal Beach	13.1 km
€125,20	Picturesque Casita Mijas Pueblo	13.3 km
€166,80	Chariming and creative house 50m from the beach	8.9 km
€134,80	Cubo's Finca La Graciosa (Cubo's Farm)	18.6 km
€275,20	Casa Tetuan in old town Marbella, a manicured home	15.9 km
€186,80	Unique place with roof terrace in Old town	16.1 km
€116	Charming Sea Front Bungalow	23.4 km
€124,86	Sunny hillside casita in Guaro	21.8 km

Return & Value appreciation

Annual return

5.73%

5 Year Return

28.65%

10 Year Return

57.30%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained with recent updates, enhancing appeal and value.
Local market trends in 2027: Expected growth due to increasing tourism and expatriate interest.
Property type: Ground floor apartment with amenities, attractive for holiday rentals.
Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
Demographic developments: Growing expatriate and retiree populations increasing demand.
Infrastructure plans in 2027: Improvements in transportation and local amenities boosting accessibility.
Historical WOZ value trends: Consistent appreciation reflecting stable demand.

Possible improvements

Renovate kitchen and bathrooms for modern appeal.
Add outdoor terrace or balcony to increase usable space.
Upgrade fixtures and appliances to premium quality.
Improve energy efficiency with solar panels or better insulation.

Description

Discover this stunning ground floor apartment in Riviera del Sol, Spain, offering direct access to beautiful community gardens and a sparkling swimming pool. This property comes with a valid rental license, making it an ideal investment opportunity or holiday retreat. Situated in the vibrant heart of Riviera del Sol, it is adjacent to Riviera Sports Club, providing access to tennis, padel, and a fully equipped gym. Within walking distance are a variety of bars, restaurants, shops, the beach, and public transportation, ensuring convenience at your doorstep. Nearby, enjoy the amenities of Miraflores Golf and Tennis Club, perfect for golf enthusiasts.